Terna Spa

Terna Spa's reported carbon emissions

Terna S.p.A., an electricity distribution and trade services company headquartered in Italy, reported a total of approximately 31.2 billion kg CO2e in Scope 1, 2, and 3 emissions for 2024. This includes approximately 79.4 million kg CO2e in Scope 1 emissions, and around 1.27 billion kg CO2e in Scope 2 emissions (market-based). Scope 3 emissions accounted for approximately 1.77 billion kg CO2e, with the largest contributions coming from fuel and energy-related activities (about 524.5 million kg CO2e) and the use of sold products (about 860 million kg CO2e). For 2023, Terna S.p.A. reported total emissions of approximately 3.12 billion kg CO2e. Scope 1 emissions were around 77.6 million kg CO2e, and Scope 2 emissions were approximately 1.53 billion kg CO2e. Scope 3 emissions totalled approximately 1.52 billion kg CO2e, with significant contributions from fuel and energy-related activities (about 470.9 million kg CO2e) and the use of sold products (about 1.17 billion kg CO2e). Terna S.p.A. has set ambitious climate targets. They are committed to a net-zero economy by 2050, aligning with the European Green Deal. Specifically, Terna has committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46.2% by 2030, using 2019 as the base year. This target is aligned with a 1.5°C trajectory. Furthermore, they aim to reduce absolute Scope 3 GHG emissions by 11.1% by 2030 from a 2021 baseline. In addition, Terna previously aimed to reduce direct emissions by 18% by 2025 from a 2020 baseline and indirect emissions by 9% by 2025 from the same baseline.